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English 107
Search Results 0 to 49 of about 107 (some duplicates have been removed)
CNBC
Dec 28, 2012 3:00pm EST
will join us next live with his fears of what happens if a fiscal cliff deal does not get done and fast. >> i'm the founder and ceo of unilife corp rage. if the fiscal cliff issue doesn't get resolved, there's no question the usa economy is going to go into recession. we closed down our manufacturing in china and relocated our manufacturing to the usa. for other companies to consider following our lead, they need to trust that our leaders in washington will actually lead. think outside the box. create incentive for businesses to invest in the u.s. economy. tdd# 1-800-345-2550 you should've seen me today. tdd# 1-800-345-2550 when the spx crossed above its 50-day moving average, tdd# 1-800-345-2550 i saw the trend. tdd# 1-800-345-2550 it looked really strong. tdd# 1-800-345-2550 and i jumped right on it. tdd# 1-800-345-2550 tdd# 1-800-345-2550 since i've switched to charles schwab... tdd# 1-800-345-2550 ...i've been finding opportunities like this tdd# 1-800-345-2550 a lot more easily. tdd# 1-800-345-2550 like today, tdd# 1-800-345-2550 i was using their streetsmart edge trading platform
CNBC
Dec 28, 2012 7:00pm EST
in washington. there's no deal, no new offer on the fiscal cliff crisis. president obama has just told the two senate leaders they should make the deal. the results immediately felt in the financial markets. look where the dow closed down 158 points when it became very clear nothing was happening and now take a look at where the numbers are in the after markets. we would open now down 315 points on the dow if we started trading now. down 315 points. we have much more on this throughout the rest of the program, but the market's very unhappy. we do have some good news to report tonight. looks like at least one cliff has been averted for the time being. the so-called container cliff. the union that represents dock workers and u.s. maritime lines came to an agreement today to extend their current contract for 30 days. this is a big relief now for the retail industry and consumers who were staring at real destruction again for the supply chain. here now is jonathan gold and he's vice president of supply chain and customs policy for the national retail federation. jonathan, good to see you. >> miche
CNBC
Dec 26, 2012 4:00pm EST
. there are only three trading days left now for 2012 and still no deal to avoid going over the fiscal cliff. all signs are pointing to more talks for lawmakers to try to hash things out. should wall street bet on a fix before january the 1st or is that wishful thinking? >> let's find out. let's speak to our guests. welcome to all of you. brian, where do you make of where we're going right now? you're the one that remains sort of neutral. you're buying this market right now, aren't you? >> well, we're pretty much staying put. we're recommending that our clients have a substantial allocation to equities. i mean, bear in mind, it's been a pretty good year despite it being an election year, despite the fiscal cliff and ongoing problems in europe. the market has done better than it has usual done. what's changed? i think there will be continued political turmoil and slow growth but that's, particularly given valuations, may not be a bad year for equities as all. >> i'm going to add to that list having been a good year for the stock market. also had a lot of recovery in the housing market as well. do
CSPAN
Dec 31, 2012 3:30pm EST
deal, but in the case of the fiscal cliff, no deal is the worst deal because the government will go over the fiscal cliff and will take almost every american with us. almost every family that pays taxes now will pay higher taxes. people's jobs will immediately be put in jeopardy, unemployment compensation will end for more than 2 million people, our defenses will be decimated by cuts that will put us in a position of accepting really unacceptable risks to our security, title 1 programs of education for low-income children will be cut dramatically, most people, including the congressional budget office, our own congressional budget office, say that the combination of tax increases along with the decreased spending required under the budget control act will push our economy back into recession in the new year. so i don't agree that no deal is better than a bad deal. in this case, i repeat, no deal is the worst deal because it allows our country to go over the fiscal cliff and really hurts almost every american family in our country, in our economy, as a whole. this shouldn't be a surp
CBS
Dec 28, 2012 4:00am EST
with congressional leader to try to come to a deal to avoid the so-called fiscal cliff. they've been called into a sunday evening session just in case some deal can be reached. boehner is expected to attend the white house meeting but he's made it very clear. the next move is up to the senate. tara mergener has more. >> good morning, duarte. both sides say they are eager to talk and ready to strike a deal. the fiscal cliff is still a few days away, but business owner don carlino says he's already feeling the impact. >> a lot of our customers are holding back, they're apprehensive. they're not committing to projects. they're waiting to see what happens with the fiscal cliff. >> hope is fact if congress can get it done before january 1st. even congressional leaders are skeptical. >> the american people have a right to be very upset with this congress. >> president obama has invited nancy pelosi, john boehner, mitch mcconnell, and harry reid to the white house this afternoon for a fiscal cliff summit. >> here we are five days from the new year, and we might finally start talking. >> today's wh
FOX News
Dec 28, 2012 8:00am PST
: they are frustrated. they wanted that house republicans to return a lot sooner to work on a fiscal cliff deal. we know that it will not return until sunday, the house, here is democrat chris van hollen from maryland. reporter: this is not a show. the last ditch effort to bring congressional leaders together to try to get at least a small package ordeal together before the new year. in order to avoid some of the tax hurts of the fiscal cliff and unemployment. reporter: while there are discussions about a final fiscal cliff deal, there is finger-pointing going on. the blame game, if you will, if everything falls apart and the u.s. economy goes over the fiscal cliff. harris: i have to tell you that wall street is starting to react for a fifth day of losses on wall street. stocks are reacting, it is the final friday before the fiscal cliff. the dow is a 55-point drop, but it has been lower at that. it is still early in the trading day yet. the forecast for today is not looking good. a fifth day of concern there among investors on wall street. jon: flirting with out 13,000 barrier. part of the looming fisc
CNBC
Dec 27, 2012 9:00am EST
and raises the stakes for the fiscal cliff end game because the white house had wanted a debt ceiling deal as part of the overall deal here on the fiscal cliff. republicans have been resisting that by announcing the debt ceiling limit will be held on monday, ratchets up the pressure to include the debt ceiling piece in the final package, whatever that may be, but still not clear, carl, there is going to be a final package of any kind. one quick note, we saw the realism. pact in the real world of the debt situation. treasury announcing yesterday it has suspended the sale of state and local government securities, government series securities. so already, they are doing some maneuvering here financially to try to avoid that debtly limit. the treasury secretary says he doesn't know how much wiggle room they are going to have, given that all the fiscal cliff uncertainty is out there. >> eamon, on this idea that the house members get called back with 48 hours' notice. traders are looking for that headline if it happens almost that bleed out there or procedural moment where that is announced, so
CNN
Dec 30, 2012 10:00am PST
, as of now so far as we know there is no fiscal cliff deal, but negotiations primarily betweens those two men are going on even as we speak or between their staffs. we're hearing a new sense of optimism from some senate members who believe they might be able to pass some kind of minimalist package that would keep tax rates from going up on the majority of americans. i want to go to capitol hill and cnn's senior congressional correspondent dana bash. dana, is that the sense you get that somehow we should be optimistic about whatever it is that's going on? >> you know, as we talked about before, you definitely get a feeling or the atmosphere here is that there is progress being made but in the same breath, but, there are still thingsing to worked out. as we wait for what we generally see when the senate opens which is the pledge of allegiance, a prayer and so forth, if you see the bottom of your screen, i'm not sure if you can see it, white hair, that is harry reid, the senate majority leader. it may be we will hear an update from him. maug maybe we should listen to th the. >> prayer. >> let us
FOX Business
Dec 26, 2012 1:00pm EST
. it is another down day for the marquette as washington prepares for another round of fiscal cliff dealing tomorrow. right now the dow down 33 points at 1,105. >>> the u.s. government may reportedly expand its mortgage refinancing program to include borrowers to include mortgages not backed by freddie mac and fannie mae. the "wall street journal" reporting that the refi program under consideration could consider underwater borrowers who owe more than they're worth. that is about 11 million homes. >>> toyota could overtake general motors and reclaim the title of the world's biggest carmaker for 2012. the japanese automaker estimate worldwide sales are up 22% this year from 2011 when a massive earthquake and tsunami and severe floods in thailand disrupted parts supplies and sales. that's the latest from fox business, giving you the power to profit >> 34 christmas tornados hit the south. liz art conditions in the midwest. wicked weather all wreaking havoc on travelers the day after christmas. more than 450 flights have been canceled, 500 delayed. not good news. is it going to improve? let's h
CNBC
Dec 26, 2012 3:00pm EST
freeze or maybe the layoffs if a fiscal cliff deal was not reached. still no deal as we stand. only a few days to go. are you actually planning a hiring freeze or layoffs? >> i think every business man plans the fall part of the year, particularly if they are on a calendar fiscal year. we put "x" percent of our budget at risk with a contingency just in case things go bad in the economy. >> what percentage is that now? >> i don't want to tip off to the street what our -- what our plan is, but what i will say is that we have doubled our contingency this year which puts in a set of action plans that we act on depending on what happens in the economy. so we pull back on cap "x" and gain cap "x" and we include head count. >> us a well know, mark, we've had a whole parade of ceos like you who tell us the very same story. we're waiting. what are you waiting for? what would you like to see from washington that gets to you unleash that cap "x" and other things? >> the best deal would be a big deal. >> you want a grand bargain? >> i mean, americans don't want plan "b." they don't want a short-term
MSNBC
Dec 28, 2012 7:00am PST
. we will kick the can down the road, do a small deal and create another fiscal cliff to deal with this. again a total lack of courage, lack of leadership. >> could they create another cliff? >> it's almost as if they're bouncing off one before bouncing on another further down the canyon. simply by the way the senate and the housework, how the wheels of legislating turn basically, it's nearly impossibility for things to get done before new year's eve unless both chambers lock themselves in those chambers until monday evening. to try to get some of this done. as was sort of already being talked about, as this deadline approached anyway. >> folks are saying, look, it's already so bad, it doesn't work the first time. >> yeah, all the things set to expire would still conceivably expire unless something is in that modest agreement which would likely be mostly about taxes. the spending cuts and things like that would probably -- but most of those wouldn't be felt for a few more weeks or months anyway. >> it seems like any deal would be hammered out in the senate with harry reid and mish mccon
CBS
Dec 28, 2012 4:00am PST
they are eager to talk and ready to strike a deal. the fiscal cliff is still a few days away, but business owner don carlino says he's already feeling the impact. >> a lot of our customers are holding back, they're apprehensive. they're not committing to projects. they're waiting to see what happens with the fiscal cliff. >> hope is fact if congress can get it done before january 1st. even congressional leaders are skeptical. >> the american people have a right to be very upset with this congress. >> president obama has invited nancy pelosi, john boehner, mitch mcconnell, and harry reid to the white house this afternoon for a fiscal cliff summit. >> here we are five days from the new year, and we might finally start talking. >> today's white house meeting might be the last chance to come to an agreement. that's because it takes time for a bill to work its way through both chamber of commerce. >> i don't know time wise how it can happen now. >> under senate rules, the only way a bill could make its way through the procedural hurdles in time is if every senator agrees not to. they'll have 24 hours
MSNBC
Dec 24, 2012 9:00am PST
. >> but, first, don't go looking up the chimney for a deal on the fiscal cliff. there are just eight days, that's it, until the deadline to reach a deal, and there was little progress as lawmakers left town for the holiday. before the president took off for his hawaiian vacation with his family on friday, he pressured kfshs to pass a smaller deal, to delay those automatic spending cuts and to extend tax cuts for all except for the wealthiest of americans. now, while senators on both sides of the aisle, they spoke in support of at least a smaller deal on sunday. joe lieberman seemed to have less hope. >> it's the first time that i feel that it's more likely that we will go over the cliff than not, and that if we allow that to happen, it will be the most colossal consequential act of congressional irresponsibility in a long time. maybe ever in american history because of the impact it will have on almost every american. >> kristen welker is nbc's white house correspondent, also traveling with the president in honolulu. kristen, explain to all of us because it appears the lights are out in w
MSNBC
Dec 30, 2012 2:00pm PST
. >> 30 hours to go until the country hits the fiscal cliff and still no deal. i'm melissa rayberger, and the white house has sent one of its top negotiators to capitol hill, but right now it's all centered on the senate, and as democrats dig in to protect social programs, republicans do the same on taxes. >> raising taxes to pay for new spending is not something that republicans believe this debate ought to be about. it ought to be about reducing the deficit and the debt, and what they are essentially suggesting is we want new taxes. we want higher taxes on people in this country to pay for new spending. >> so what happens next? with us nbc news capitol hill correspondent mike vic rah and nbc news white house correspondent kristen welker. mike, let's get started with you. what's happening right now in the senate. i understand there's an update on the chained cpi. >> reporter: they say the darkest hour right before the dawn, melissa. everybody ought to hope that's true, at least if you don't want to see your taxes go up on midnight on monday and tuesday night because everything seems
CNBC
Dec 28, 2012 6:00am EST
and senate today. can the fiscal cliff deal be reached? we're going to astrategists fro both sides of the aisle. plus, we're going to welcome a man who knows the world of washington and wall street very well. the great grandson of the 27th president and leading financial ceo in his own right, john taft is going to be our guest host. n] you are a business pro. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro. >>> it's getting down to the wire. >> republicans have bent over backwards. >> we're in the name situation we've been in for a long time. >> america heads closer to the edge of the fiscal cliff. how businesses are bracing for the worst, and what it means for your money. >> and could the looming trouble at the capitol be the right time to buy? >> i love gold! >> why gold
FOX News
Dec 26, 2012 4:00pm PST
or not there will be a deal to avert the fiscal cliff. now, after that conference call. the house speaker john boehner, his number two eric cantor the majority leader put out a statement putting the onus on president obama and for the reason why there has not been a deal so far. basically saying they can't move forward in the house without some sort of action in the senate the next few days. what they left out of that, unfortunately, is the reason why they are waiting on the senate to do something. the senate coming into session tomorrow, by the way. is that speaker boehner couldn't get enough votes to move forward on a plan to avert the cliff last week. that's why we are where we are right now. the president will be boarding air force one in a few hours. flying overnight back to washington. is he likely to bring together congressional leaders in the next couple days when he he gets back to washington. time is running out, harris. >> harris: no breaking news in any of that. but we did see some today. treasury secretary tim geithner saying we could hit the debt ceiling the day after we follow off the fiscal
CNBC
Dec 27, 2012 5:00pm EST
in another attempt to agree on a fiscal cliff deal. amon j eamon jav everyoers has the sto. >> i'm keeping an eye on my iphone here, i just got an e-mail from a source that says there might be even further news this evening, so, waiting for a status update on that. but we did get some news today and that news, as you say, was that the house of representatives is going to be called back early. they are coming back on sunday at 6:30 p.m. what they're going to do when they get here, we don't have any idea. but we had a fascinating series of dueling press conferences, dueling floor speeches, i should say, by senate republican and democratic leaders. the republican leader, mitch mcconnell, really put the blame on democrats, but he did seem to indicate that there may be further negotiations that are ongoing here, possibly even as we speak. take a listen to mitch mcconnell earlier this afternoon. >> the truth is, we're coming up against a hard deadline here and as i said, this is a conversation we should have had months ago. and republicans aren't about to write a blank check for anything senate
CNBC
Dec 26, 2012 7:00pm EST
left in 2012. no fiscal cliff dealing in sight. now we are talking about hitting the debt ceiling on december 31. what are the top trades for 2013? cnbc contributor michael farr. good to see you. great to have you here. >> thanks, michelle. wonderful to be with you. >> have you heard about what timothy geithner said tonight? >> you are way better looking than kudlow. i know you heard that. this is a much better screen to look at from our glide flattery will get you everywhere. did you hear secretary geithner sent out a note saying that -- letter, official letter saying we are going to hit the debt ceiling monday. lee business days notice. >> perfect. >> what will that do to the markets tomorrow? >> you and i talked about this is a couple of years ago when we hit hit it in july and i was dead wrong. i was entirely dead wrong. i thought congress would make sure we wouldn't lose our aaa debt rate. >> and we did. >> and -- yeah. i figured certainly logically that yields would go up on bonds. and that the stock market would fall and just the opposite happening. what happen this time to
CNBC
Dec 27, 2012 7:00pm EST
for sunday night. that stokes investor hopes for a fiscal cliff deal and this coming just a few hours after harry reid's comments sent the dow into a tailspin. we have complete coverage in this developing story which is happening tonight as we speak. also, as supplies from the obama team, ep achieve lisa jackson stepping down. can the coal companies finally breathe a sigh of relief? guess what happened in britain when the uk banned handguns. the surprising result that could change the gun control debate. "the kudlow report" start ises right now. >>> the big news tonight, still the developments in washington on the fiscal cliff, eamon javers joins us with the details. >> good evening, meshel. capitol hill sources tell cnbc that congressional leaders are planning to go to the white house tomorrow to meet with president barack obama and it is not entirely clear at this point when that meeting will take place and details are still being hammered out and we saw today a blistering series of rhetorical jabs from one side to the other and it's not clear as a result of all that whether a deal can, i
CNBC
Dec 24, 2012 9:00am EST
on vacation. washington lawmakers are on holiday. there's still no deal to avoid the fiscal cliff. the deadline is a week away. hampton pearson is in washington on the stalemate. >> as early as the day after christmas, congress and the white house will have to start to deal with what president obama called the real consequences of going over that fiscal cliff. >> nobody can get 100% of what they want. and this is not simply a contest between parties in terms of who looks good and who doesn't. there are real world consequences to what we do here. >> a short-term deal won't just focus on tax rates. the end of the payroll tax cut and the impact of the hike in the minimum tax on january 1st. over the weekend, we did hear from some republican moderates who say it may in fact be time to make some kind of a move. >> the president's statement is right, no one wants taxes to go up on the middle class. i don't want them to go up on anybody. but i'm not in the majority in the united states senate and he's the president of the united states. >> now the focus shifted to mitch mcconnell. the se
CNN
Dec 24, 2012 2:00am PST
, thank you. >>> here in washington, hope is fading for a deal before the country reaches the fiscal cliff just eight days from now and we are counting really by the hour at this point until we go over the edge. congress and the president are not here. they have stopped trying for now. home from the holidays and not that optimistic about a christmas miracle. listen to retiring senator joe liberman on "state of the union." >> i feel it's more likely we will go over the cliff than not, and that -- if we allow that to happen, it will be the most colossal consequential act of congressional irresponsibility in a long time. maybe ever, in american history. >> are white house correspondent prix anna kebrianna keilar is traveling with the president and joins us from hawaii. >> they can still talk, right? true. but the people who matter are not. perhaps the lines of xhoukz are open between the white house and senate democrats. but the white house at this point is not in discussion with not only speaker john boehner but the senate minority leader, mitch mcconnell and perhaps because of that, you hav
CSPAN
Dec 31, 2012 7:00am EST
say major progress make progre toward a fiscal cliff deal. guest: mitch mcconnell when they spoke yesterday, he called in joe biden and said he needed a partner to work with. joe biden, who was in delaware and had not been involved in negotiations, came in at the end to try to work out something. it does seem like overnight they were talking and making the kind of progress that they had been hoping for. we are really at the clock ticking before the end of the year host: what about the house? if lawmakers and the white house are not able to read this last ditch effort, the country will likely go over the fiscal cliff, as you pointed out. guest: the house speaker had said very clearly that they do not anticipate passing anything before the senate passes something, but they want to see what the senate does. they will then take that bill and either amend it or approve it. if they amend, they will send the amended version back to the senate. over the weekend bypassed some rule changes that will allow them to move more quickly and do those sorts of things rather than the waiting period
FOX News
Dec 30, 2012 3:00am PST
newspaper reports what in the world is going on with the fiscal cliff, you hear about a small deal sort of in the works between harry reid and mitch mcconnell, maybe it's not voted on until monday, maybe no deal at all. maybe sequestration is going to happen so for that let's go to washington. >> juliet: all right. tick-tock, tick-tock, time is almost up for lawmakers as we say to avert the fiscal cliff. they worked throughout the weekend in hopes of hammering out some sort of deal. >> dave: peter doocy is live in washington and we hustle you over to the capitol. and what is the latest, do you think we'll get something done? >> reporter: dave, we were told late in the evening that legislative staff was going to work through the night, but the only principal we heard from was mitch mcconnell who said he and his democratic counterparts have been trading paper all day saturday, but the only big news, mcconnell cared to share with us, in the state he represents, kentucky, louisville beat the university of kentucky by three and meanwhile, the officially republican weekly address features ano
CNBC
Dec 26, 2012 6:00am EST
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ABC
Dec 26, 2012 6:30pm EST
that fiscal cliff, will there be a deal? also tonight, an abc news exclusive. barbara walters at the white house. asking michelle obama if she'll run for office next. and a personal question, too. >> how do you keep the fire going? >> hmm. that's a good question. >>> made in america. the great christmas challenge. >> i know, i know your show. >> she knew, and so did thousands of others. tonight, the big reveal. the videos you sent in, the made in america gifts you put under the tree. and the ones that didn't fit. >> merry christmas, david! >> how you're creating joy and jobs this christmas. >>> and caught on tape. the adorable pet dog stolen, about to be sold. you won't believe what happened next and what we witnessed today. >>> good evening on this wednesday night. and we hope you had a merry christmas. diane has a few more nights with her family, and what a night to stay indoors. across much of this country tonight, a massive winter storm and already, the ripple effect being felt coast to coast. the monster storm system stretching from indiana to maine, all the way to north carolina. mor
ABC
Dec 28, 2012 6:30pm EST
today to avoid the fiscal cliff. but no deal, asanger builds across the country, the clock is ticking. just four days left before taxes go up for all americans and federal programs see major cuts. we've shown you the math here. the average american household would see their tax bill go up nearly $3,500. this evening, president obama telling congress, the american people are watching what we're doing here. he appeared in the briefing room a short time ago. let's go right to jon carl tonight. good evening. >> reporter: good evening, david. there are finally signs of life here in washington. after meeting with congressional leaders here at the white house, the president pronounced himself modestly optimistic that a bipartisan agreement can finally be struck that would prevent taxes from going up on virtually everybody in just four days. >> reporter: aftereeting with the congressional leaders, the president said there would be one more effort to come to a bipartisan agreement to avoid the fiscal cliff. >> the hour for immediate action is here. it is now. and the american people are not go
FOX
Dec 31, 2012 2:00am PST
on the last-ditch effort to put together a deal to avoid the fiscal cliff and it is time now for our sunday group, bill kristol of the weekly standard, former democratic senator evan byah and byron york from the washington examiner and kirsten powers of the daily beast web site. you heard mitch mcconnell say he's hopeful and optimistic. will congress pass something in the next 48 hours, something? to avoid the fiscal cliff? >> i don't know. but, i guess, probably. and it will be a bad deal but i suppose better than doing nothing. and, every working american's taxes will go up january 1st if they do nothing about the payroll tax, a pretty big increase, and, defense cuts and everyone agrees, with that policy to have middle class americans' taxes go up, and, it totally irresponsible defense cuts and this is what congress thinks is a good deal. >> chris: i'm not sure it is a good deal but avoids the worst of the fiscal cliff. senator bayh -- obviously, we don't know, what is your sense, no filibuster in the senate? you heard lindsay graham and do republicans pass whatever the senate agrees to?
CNN
Dec 26, 2012 2:00am PST
to the white house today to work on the ever looming fiscal cliff. can he cut a deal with republicans. >>> and david gregory may be in trouble of the law because of that ammo thing he has on his anchor desk. [ male announcer ] the more you lose, the more you lose, because for every two pounds you lose through diet and exercise, alli can help you lose one more by blocking some of the fat you eat. let's fight fat with alli. ♪ ♪ you make me happy when skies are gray ♪ [ female announcer ] you know exactly what it takes to make them feel better. ♪ you make me happy [ female announcer ] that's why you choose children's tylenol. the same brand your mom trusted for you when you were young. ♪ how much i love you [ humming ] [ female announcer ] children's tylenol, the #1 brand of pain and fever relief recommended by pediatricians and used by moms decade after decade. [ humming ] by the armful? by the barrelful? the carful? how about...by the bowlful? campbell's soups give you nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. >>> th
FOX News
Dec 27, 2012 8:00am PST
and all house members are not here in washington trying to work out a deal on the fiscal cliff. here is more from leader reid a short time ago. >> if we go over the cliff and it looks like that's where we're headed, mr. president, the house of representatives, as we speak, with four days left after today before the first of the year aren't here with the speaker having told them they will give them 8 hours notice. i can't imagine their consciences. >> reporter: of course president obama has left hawaii. he is heading back to washington from his family vacation. we learned from the white house that the president had made calls to the top four congressional leaders mcconnell and boehner on the republican side, pelosi and reid on the democratic side. we'll see what the president has in mind when he touches down back in washington a little later this morning, harris. harris: mike you mentioned it. i'm mentioning it too. it is coming into the newsroom from senator mcconnell's spokesperson and just wondering what the republicans say they want. they want to review legislation and make decisi
FOX News
Dec 26, 2012 12:00pm PST
to try to hammer out a deal on the fiscal cliff. where do we stand with six days to go? that's all ahead unless breaking news changes everything on "studio b." first from fox at 3:00, winter weather threatening to cause travel problems for people getting home after the holidays. some states dealing with snow, thunderstorms and tornadoes. check out this twister that touched down in mobile, alabama last night. >> oh my god, look. that's a tornado. oh, wow. oh, jesus, look at that tornado. >> nearly three dozen reported tornadoes trashing texas, louisiana, mississippi and alabama. according to the national weather service, new tornado warnings are in effect for the carolinas at the same time a winter weather system cut power to nearly 200,000 homes and businesses in the south. >> our electricity went out at our house and we're trying to get our generator started. we came to get gas for the generator. >> "the associated press" reports the storm has killed six people across the nation's midsection and moving north and east toward new england set to bring snow, sleet and thunderstorms during t
NBC
Dec 24, 2012 3:30am EST
deal. are we going to avoid the fiscal cliff by the first of the year or not? >> i hope so. if you look at the final positions last monday of both the president and speaker boehner, they were this close, they were this close to a solution. the president was about $200 billion higher on revenues, speaker boehner $200 billion higher on spending cuts. out of a $4 trillion budget, that doesn't seem insurmountable. so i hope they would keep talking. my one bit of advice to speaker boehner is this -- you cannot pass a bill with just republicans. on a broad thing like this, you need both and he has put himself with plan b in sort of an impossible position. he has to get these hard right guys to go along with him. if h were to say and the president were to say we're going to pass a bill with a majority of democrats and majority of democrats in the house and senate we could get a mainstream bill. i know he's worried about his speakership but what i found in my 37 years as a legislator, when you show leadership, when you show redirection and courage, even people who disagree with you will vote fo
CNBC
Dec 27, 2012 4:00pm EST
cliff. no deal yet but we're getting lots of mixed messages. >> that's a good way to put it. >> mixed messages around washington today with some animosi animosity, but here's what senate majority leader harry reid had to say just a little while ago. listen. >> i say to the speaker take the escape hatch that we've left you. put the economic fate of the nation ahead of your own fate as speaker of the house. millions of middle class families are nervously watching, waiting and counting down the moment until our taxes go up. >> well, senator kay bailey hutchison is republican from texas, first elected back in 1993 and served in leadership positions and been an outspoken nor to the budget and defense. senator, great to have you with us here. >> we sure are going to miss you, one of the great group of moderates. >> maybe you're relieved to be leaving at this point. >> thinking of new year's eve here in washington and thinking, you know, this is the time to exit. >> go out while things get a little mess over there. how will you feeling after the variousade lines toit about getting things don
CNBC
Dec 26, 2012 9:00am EST
vacation to deal with the fiscal cliff, just five days to go until we go over. >> threatening both coasts with workers snubbing up best and final contract offer. >> and more on the home front. we'll have more on the data and whether it can keep one of the best performing sectors of 2012, home builders going in 2013. >> data showing what some experts say is the slowest growth in spending since the 2008 recession. according to mastercard, spending polls units through christmas eve, retail sales rose just .7% from the year before. the national retail federation says it is forecasting a 4% jump in sales. we'll continue to get trickles of data as we progress through this last week. it is still an important week, the final week before the new year in terms of retail sales for these guys. >> historically positive the last five days of the year and blends into the first couple of days of the new year. generally get a nice year-end effect. we'll get claims tomorrow. new home sales tomorrow. chicago pmi on friday. but this idea that retail is soft, was it the fiscal cliff? was it sandy? was it some
MSNBC
Dec 28, 2012 3:00am PST
? >> happy friday. >> there we go, happy friday. listen, this fiscal cliff deal, everyone is so sick of hearing the phrase. i it talked to several this week, members of congress and members of the senate who indicate we're going over the cliff. they say it won't be that bad. don't worry about it. there's something in me that wonders about the psychological impact of just going right over. >> mike, you're right. they are saying that, and there's a real risk especially in the white house. they know that the reaction of the markets, especially overseas, the credit raters is unpredictable. you don't want to start your second term with a double-dip recession. that's the real risk here. for republicans more and more you hear them saying and i think this is what you're refer to here. you hear them saying, let's just wait until people get their first paycheck. wait until they get that pay economic when there's less withheld and there's not a payroll tax holiday but then they want tax relief. it's a huge risk. another political game at play here. sherman has a great story on the sight right t
MSNBC
Dec 30, 2012 5:00pm PST
a deal to avert the fiscal cliff crisis. at this point, the approaching deadline can be measured in hours, and expectations are being scaled down accordingly. >> i suggested to them, if they can't do a comprehensive package of smart deficit reduction, let's, at minimum, make sure people's taxes don't go up. >> the president appearing on "meet the press" this morning, pushing a narrow last-minute deal that would extend the bush tax cuts for the middle class but leave a hoet of other issues unresolved. if congress does reach a small deal on taxes before the fiscal cliff deadlines up, their next fight over the dead ceiling will be queued up and ready to go. whether or not we go over the fiscal cliff tomorrow night, a political stand-off over the debt ceiling is imminent. joining us sort through all of this current and future fiscal crises is ezra klein. at "the washington post" as well as columnist for bloomberg view. thanks for joining us. you addressed the issue of what happens next, i saw you on rachel's show friday. your theory are it's key to how the fiscal cliff plays out. explain. >>
CNN
Dec 23, 2012 10:00pm PST
the fiscal cliff, and that was reflected today on the sunday shows from both democrats and republicans, take a listen. >> passing plan b the other night would not have changed the outcome, we're going to go over the cliff before, we're going to go over the cliff now. you cannot negotiate with someone that doesn't want to negotiate. >> in the aftermath of the house republicans rejecting speaker boehner's plan b, i feel it's more likely we will go over the cliff than not, and that -- if we allow that to happen, it will be the most colossal consequential act of congressional irresponsibility in a long time. maybe ever in american history. >> officially, the president is expected to be here -- or is supposedly here in hawaii through the new year, i think the expectation at this point is that with congress returning, president obama is likely to go back to washington to oversee things as they move. or as the fiscal cliff comes nearer and the u.s. goes over it. >> can we expect any other lawmakers to step up to the plate and kick start negotiations? what about senate minority leader mitch mcconnel
FOX News
Dec 26, 2012 7:00pm PST
in our country's history. there will be a deal to, quote, avert the fiscal cliff. your viewers should demand more than a deal, they should demand a solution. >> do you think it's the right idea to cave in if really the republicans do not believe this is the right thing for the best interests of the country, to go ahead and agree to having more expenditures, to not cutting any of these entitlements. this reckless spending has to come to an end at some points. we have the future and the children to think of. >> so much for a balanced approach. the bammed approach as near as i can do do exactly what i want exactly what when i want you to do it. but the reality is the house democrats will could be he -- gt enough involvements my vote will not one of them and the group of conservatives i run with will not be among the votes that vote for the so-called deal. but it will pass and we will be arguably further from a solution than we were this time last year. >> so you think a temporary fix is going to come to pass but ultimately, like you said, you and several of your colleagues that feel very
CBS
Dec 30, 2012 8:30am PST
of the fiscal cliff, not just the taxes. >> o'donnell: and, nancy, if there is no deal, what happens next on monday? >> reporter: essentially we move to plan b, where senates democrat introduce their own plan in the senate that caps the bush tax cuts ap at $250,000 or less, extends long-term unemployment benefits, maybe imposing spending cuts to push off the sequester for six months or a year and we see if the republicans allow a straight up-or-down votes that only requires 50 senators to vote yes or if we have to go to a 60-vote threshold. democrats think they can get the seven republicans they need-- they think they might be able to get up to 10 who have signaled they could go along with something like this. that's not the end of the road. even if it passes, it has to go to the house and that's a tricky road as well. >> o'donnell: let's turn now to our senators who are here. senator durbin, you're the number two senator on the democratic side. how far apart are you with the republicans to reach a deal? >> well, i think there still is a chasm there. there's work to be done and not much t
ABC
Dec 30, 2012 9:00am EST
second tract i need a deal for all the reasons -- >> if we go over the fiscal cliff he can blame the republicans and he can do the tax cuts on the rich thing, he's the president. i mean, you know, as has been said we don't really remember who the leader of the house was when hoover was president. i mean, you know -- ultimately it's his economy. >> it's his country and it's his economy and it's his government but i think one of the things that is instructive we are now down to such a tiny perspective deal the tough issues are not being dealt with at all. even the sequestration which was supposed to be so horrible, the cuts in other many practices supposed to be so horrible we would never let them happen will almost certainly happen because there is not time to deal with that in the next 24 hours. >> it's a sad -- >> the frustrating thing for me isn't this what we really need to do? i think washington is incapable of making a deal that will help the country. what we're talking about here is a deal that's going to help the politicians. it'll help the president. we're arguing it's go
CNN
Dec 28, 2012 4:00pm PST
tonight putting the pressure squarely on the senate so broker a deal on the fiscal cliff. >> senators reid and mcconnell are working on such an agreement as we speak. but if an agreement isn't reached in time between senator reid and senator mcconnell, then i will urge senator reid to bring to the floor a basic package for an up or down vote, one that protects the middle class from an income tax hike, extends the vital life line of unemployment insurance to 2 million americans looking for a job, and lays the groundwork for future cooperation on more economic growth and deficit reduction. >> and just moments ago, senator harry reid says he's readying a bill for a vote by monday. all this follows a rare face to face-closed-door meeting at the white housed to between all the key players. the president, the vice president, the treasury secretary, and all four congressional leaders. huddled together with just four days to go before we all go over the fiscal cliff. that meeting lasted for an hour and five minutes. now on a story where every second and every maneuver counts let's get right to chi
NBC
Dec 27, 2012 6:30pm EST
for a deal to avert the fiscal cliff. >> send a spirit of wisdom and good judgment upon the leaders of congress that they might forge a solution to assuage the concerns of their fellow citizens. >> reporter: house gop leadership is did call members back to work this sunday, prepared to work through new year's. republican leaders say they would give in on higher taxes, but not more government spending. >> republicans aren't about to write a blank check or anything senate democrats put forward, just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. >> reporter: beyond the bitter politics is a real-world consequence. >> anyone who has regular salary or wage income, starting next week, is going to see 2% less in their paycheck because the payroll tax holiday will end. so start to budget for that thing right now. >> reporter: and other kinds of taxes will go up too, like higher rates, so american families will feel it even more. but if this does go past january, there is a political reset. instead of congress voting to raise taxes, all thos
FOX News
Dec 31, 2012 8:00am PST
the fiscal cliff. a top lawmaker reporting progress in the last-ditch efforts to hammer out a deal in time. a health crisis lands secretary of state hillary clinton in the hospital, what doctors are telling us about her condition. plus, iran test firing a new range of weapons right near the strait of hormuz where a chunk of oil passes each day. the impact on the middle east and on our world, it's all "happening now." >> reporter: there is a note of optimism in the race to avoid the fiscal cliff. hello, everybody, i'm uma pemmaraju in for jenna lee today. jon: good to have you here. optimism is always a good thing in washington. that is in short supply. ringing in 2013 at midnight tonight could mean ringing in more than half a trillion dollars in tax hikes and a hundred billion dollars worth of spending cuts from defense and other key domestic programs, that is if no deal is reached in time to avert it. both the house and senate with rare new year's eve sessions today as they try to hammer out some sort of an agreement. >> we do have to work together, because without bi-partisanship nothing
CBS
Dec 25, 2012 5:30pm PST
the impact if lawmakers fail to reach a deal on the fiscal cliff. bimultibillion-dollar aid bill may be a casualty of the casuemate. the ripple effects would be felt far from the fields. we asked anna warner to look into that. >> reporter: eagle lake, texas, depends on rice. it's been grown here since the 1800s. drought is usually the biggest threat, but the nervous talk in the drugstore now is about congress. >> without the farm bill, it really makes it uncertain for ehat you should do next year. >> reporter: steve is a pharmacist here and a rice farmer. the people are nervous. >> very nervous. wh reporter: what are they saying when they're coming in? what are you hearing? >> "what do we do?" you know, they don't know what to do. ht's so uncertain right now that the banks don't know what to do. the farmers don't know what it do. they're out there plowing the land, getting it all prepared for next year, with total cecertainty. >> reporter: at stake, $154 billion in federal farm aid and isop insurance, sidelined by the fiscal cliff stalemate. benefits from the farm bill also guarantee
CNBC
Dec 26, 2012 2:00pm EST
so much, michael. peter, you're sticking around. >>> meantime, the fiscal cliff may be a big deal but there is another threat out there which might be in the short term more risky. the container cliff. businesses up and down the eastern seaboard are bracing for a massive port showdown as unions threaten to strike and possibly shut down most imports and exports out of this country. let's add in cnbc contributor jimmy peeb. we focus so much on the fiscal cliff. if we shut down 14 or 15 of the biggest ports in america, that could do much more harm than any fiscal escarpment. >> it could do much more harm more quickly. the fiscal cliff on january 1st, the economy's not going to collapse. but the shutdown of these ports, you had $200 billion or $300 billion a year coming into this country through these ports. what i think interesting, the last time we saw an east coast longshoreman strike, port shutdown, was in 1977. a decade which i remember where nothing went right. nothing worked. right now, to me, not much is working so it only stands to reason that we get a strike like this at the
CBS
Dec 30, 2012 10:30am EST
today on "face the nation." with the country set to fall off the fiscal cliff in just hours, time is running out for congress to make a deal. and what a difference a day makes. on thursday, things looked bleak. >> speaker boehner is unwilling to negotiate we have not heard a word from leader mcconnell. nothing is happening. >> we wanted an agreement, but we had no takers. >> o'donnell: it took a trip to the white house and a package scolding from the president. >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. >> o'donnell: but by week's end, senate leaders agreed to make a last-ditch effort to get a deal. >> so i'm hopeful and optimistic. >> i'm going to do everything i can. i'm confident senator mcconnell will do the same. >> o'donnell: we'll have the latest on what that agreement might look like but will it actually do anything to cut the deficit? and what happens nay don't get a deal? we'll hear from two senators who have been working together on deficit reduction, assistant majority leader dick durb
NBC
Dec 28, 2012 4:30am EST
continues on capitol hill this morning there is new hope for a deal to avoid that fiscal cliff. president obama will be meeting with congressional leaders later today. nbc's danielle leigh joins us live with the latest on capitol hill. danielle, what is the datest in terms of what we can expect in the next coming days and the likelihood that they can reach a deal? >> reporter: mara, good morning. well, this meeting that is the last-minute meeting at the white house is going to be integral. they need to see progress in this meeting if they're going to get a deal done before midnight on monday. as you know, the senate came back early from the christmas holiday yesterday. but they didn't seem able to compromise. they continued the bickering. the house wasn't even here. they're not even in play yet. they're now coming back on sunday. so we really need to see congressional leaders see some kind of a plan that can be voted on before that december 31st deadline. lawmakers say it's getting decreasingly unlikely that's going to happen. many have serious doubts about whether or not they will get a
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